Page 4 - Cpp Investments News Today : Breaking News, Live Updates & Top Stories | Vimarsana

CPP Investments, Canada's biggest pension fund, has laid off at least five investment professionals at its Hong Kong office as it steps back from deals in China, three people with knowledge of the matter said. They added that a managing director who was in charge of the firm's Greater China real estate portfolio had been told he was losing his position weeks earlier. The fund has paused new investments in China, including direct investments as well as those in China-focused fund managers, discouraged by the country's faltering economic recovery and tensions with the West, said...

Canada Pension Plan Investment Board (CPP Investments) announced today that it has signed a definitive agreement to invest in The Amazon Reforestation Fund, managed by Mombak Gestora de Recursos Ltda. (Mombak). Mombak is a venture-backed carbon removal startup investment manager focused on reforesting the Amazon.

Speaking during the Question Hour, Congress Legislature Party leader Aradhna Mishra said:

Despite a challenging fiscal year marked by rising interest rates, high inflation, and market volatility, CPP Investments has reported a return of 1.3%. The largest pension fund manager in Canada grew its Indian market portfolio by 11% in FY23 to C$22bn. CPP Investments CEO John Graham said the portfolio was encouraged by the breadth of its investments in India, which span health care, technology, infrastructure, credit, and real estate.

Former HKEX CEO Paul Chow dies; Ontario Teachers' head of Asia Pacific to step down; CPP Investments Asia team sees two changes; Prudential replaces CFO after code of conduct breach; FWD hires CFO from New York; and more